Home CryptocurrencyAltcoin Polygon Labs has partnered with Unstoppable Domains to launch top-level domains

Polygon Labs has partnered with Unstoppable Domains to launch top-level domains

by SuperiorInvest

Polygon has launched the ability to create Web3 .polygon domain names in partnership with Unstoppable Domains. The offer will allow users to log into Web3 applications, use human-readable wallet addresses and create decentralized websites.

The service will be available to an estimated 180 million users and 40,000 services within the Polygon blockchain ecosystem. Unstoppable Domains uses Polygon to mine decentralized domains with zero gas fees. To date, more than 2.7 million domains have been registered on the Polygon blockchain.

Users will be able to use .polygon domains to create digital identities that are compatible across 750 metaverse apps, games and platforms. These can be used to log into web applications such as cryptocurrency wallet addresses and decentralized websites.

Related: Current State: Decentralized Domain Services Reflect Industry Progress

Unstoppable Domains also allows users to create profiles that can be linked to social media channels and act as a digital identity across Web3 platforms and networks.

A statement from Polygon Labs VP of Business Development Sanket Shah highlighted the importance of unlocking a user-owned digital identity for Polygon users:

“Web3 domains will give our community a digital identity that they fully own, so they can log into dapps without revealing their personal information and transact crypto without lengthy wallet addresses.”

Unstoppable Domains will also offer access to premium .polygon gaming and digital domains from March 16.

Decentralized domain services such as unstoppable domains and Ethereum Name Service (ENS) have become popular over the past year considerable growth in registered domains.

American cryptocurrency exchange Coinbase has partnered with Unstoppable Domains offer payment through domain clicks instead of cryptographic addresses in August 2020. Coinbase then partnered with ENS in September 2022 to provide users with free “name.cb.id” usernames in an effort to replace alphanumeric wallet addresses with human-readable alternatives.

Source Link

Related Posts

%d bloggers like this: